About YesssWorks
YesssWorks is a company based in Mumbai (India) founded in 2016 by Nainesh Kapadia, Axel Boris, and Mihir Shah. It operates as a Subscription Services, and Pay-per-Use / Usage-Based. YesssWorks has raised $445.88 thousand across 2 funding rounds from investors including Manoj Bhupatrai Shah, Jinesh Krishnakant Parikh and Uttkarsh Manish Sogani. YesssWorks offers products and services including Office Suites, Open Desks, Private Cabins, Conference Rooms, and Virtual Office. YesssWorks operates in a competitive market with competitors including WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others.
- Headquarter Mumbai, India
- Founders Nainesh Kapadia, Axel Boris, Mihir Shah
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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- Legal Name Yesssworks Spaces Pvt. Ltd.
- Date of Incorporation 15 Apr, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$577.12 K (USD)195.83as on Mar 31, 2023
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Net Profit
$97.39 K (USD)282.49as on Mar 31, 2023
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EBITDA
$162.58 K (USD)1567.26as on Mar 31, 2023
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Total Equity Funding
$445.88 K (USD)
in 2 rounds
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Latest Funding Round
$43.46 K (USD), Angel Round
Mar 14, 2020
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Investors
& 6 more
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Employee Count
Employee Count
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Products & Services of YesssWorks
YesssWorks offers a comprehensive portfolio of products and services, including Office Suites, Open Desks, Private Cabins, Conference Rooms, and Virtual Office. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Office suites are provided for large team setups.
Open desks are offered for solopreneurs and freelancers.
Private cabins are available for small business teams.
Conference rooms are designed for meetings and ideas.
Virtual office services are provided for business setup.
Funding Insights of YesssWorks
YesssWorks has successfully raised a total of $445.88K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $43.46 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Angel Round — $43,460
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First Round
First Round
(01 Jul 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Angel Round - YesssWorks | Valuation | Manoj Bhupatrai Shah , Jinesh Krishnakant Parikh |
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| Jul, 2019 | Amount | Angel Round - YesssWorks | Valuation | Hiten Pravinchandra Dalal , Ravindra Manilal Sanghvi |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in YesssWorks
YesssWorks has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Manoj Bhupatrai Shah, Jinesh Krishnakant Parikh and Uttkarsh Manish Sogani. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MB
Manoj Bhupatrai Shah |
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Founded Year | Domain | Location |
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JK
Jinesh Krishnakant Parikh |
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Founded Year | Domain | Location |
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UM
Uttkarsh Manish Sogani |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by YesssWorks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - YesssWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yesssworks Comparisons
Competitors of YesssWorks
YesssWorks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, BHIVE Workspace, IndiQube, DevX and 91Springboard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions, including coworking and managed offices, are offered.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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| domain | founded_year | HQ Location |
Managed office spaces and coworking environments are provided for businesses.
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| domain | founded_year | HQ Location |
Operator of shared workspaces, private offices, and virtual office solutions
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| domain | founded_year | HQ Location |
Provider of flexible and customized coworking spaces
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about YesssWorks
When was YesssWorks founded?
YesssWorks was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is YesssWorks located?
YesssWorks is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is YesssWorks a funded company?
YesssWorks is a funded company, having raised a total of $445.88K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $402.42K, raised on Jul 01, 2019.
What is the annual revenue of YesssWorks?
Annual revenue of YesssWorks is $577.12K as on Mar 31, 2023.
What does YesssWorks do?
YesssWorks is established as a provider of coworking spaces in Mumbai, Navi Mumbai, and Pune, India. Various workspace solutions such as office suites, open desks, private cabins, conference rooms, and virtual offices are offered. The company caters to SMEs, freelancers, startups, and large enterprises with ergonomically designed spaces. A collaborative community environment is fostered to support business growth and networking. Flexible terms and tailored spaces are provided to embody brand identity for clients.
Who are the top competitors of YesssWorks?
What products or services does YesssWorks offer?
YesssWorks offers Office Suites, Open Desks, Private Cabins, Conference Rooms, and Virtual Office.
Who are YesssWorks's investors?
YesssWorks has 7 investors. Key investors include Manoj Bhupatrai Shah, Jinesh Krishnakant Parikh, Uttkarsh Manish Sogani, Hiten Pravinchandra Dalal, and Ravindra Manilal Sanghvi.